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NEW QUESTION: 1
Which of the following statements about 1035 exchanges are true?
I. A 1035 exchange refers to the exchange of all of the shares owned in one mutual fund for shares of
another mutual fund in the same family of funds.
II. A 1035 exchange refers to the exchange of one variable annuity contract for another variable annuity
contract without the need to pay tax on any of the income or capital appreciation associated with the
original contract.
III. A 1035 exchange refers to the exchange of a variable annuity contract for a whole life insurance policy
offered by the same company with no tax consequences to the transaction.
A. I, II, and III
B. II only
C. I and II only
D. I only
Answer: B
Explanation:
Only Selection II is true regarding 1035 exchanges. A 1035 exchange refers to the exchange
of one variable annuity contract for another variable annuity contract without the need to pay tax on any of
the income or capital appreciation associated with the original contract. This does not refer to the
exchange of one mutual fund for another, which is a taxable event; nor does the 1035 exchange involve
exchanging a variable annuity for a life insurance policy.
NEW QUESTION: 2
Refer to the exhibit. Which utility is used to test DNS connectivity on each device on the given network?
A. ping
B. ipconfig
C. show hosts
D. show interfaces
Answer: A
NEW QUESTION: 3
고도로 기술적인 검토를 수행하는 감사 팀에 두 사람이 고려되고 있습니다.
다음 중 객관성 문제로 인해 감사 대상 개인을 선택하지 못하는 상황은 무엇입니까?
I. 사람 A는 내부 감사 직원의 일원이며 필요한 기술을 보유하고 있습니다. 사람 A는 시스템이 개발 될 때 감사 할 시스템의 통제 검토에 참여했습니다.
II. 사람 B는 감사 영역을 이해하지만 내부 감사 직원은 아닌 기술 전문가입니다. 사람 B는 감사 할 정보 시스템 부서에서 개인적으로 신뢰할 수 있지만 B는 조직의 다른 부서에서 일합니다.
A. 나도 나도 나도 아니야.
B. I 만
C. I와 II 둘 다.
D. II 만
Answer: A
NEW QUESTION: 4
Which two processes are included in the Build phase of the Cisco Design Lifecycle?
(Choose two)
A. Analysis
B. Deployment
C. Design
D. Assessment
E. Validation
Answer: B,E
CPQ-301 FAQ
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CPQ-301 Exam Info
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